Trade With ECO Crosses $18 Billion

Trade between Iran and the Economic Cooperation Organization’s member states reached 26.8 million tons worth $18.08 billion during the last Iranian year’s first 11 months (March 21, 2022-Feb. 19), registering a 7.88% fall in terms of weight, but a 19.67% rise in value compared with the previous year’s corresponding period, latest data released by the Islamic Republic of Iran Customs Administration show.
Turkey was Iran’s main trade partner among the countries under review with 16.54 million tons (down 11.92%) worth $12.5 billion (up 21.24%). It was followed by Pakistan with 3.85 million tons (up 32.46%) worth $2.08 billion (up 51.44%) and Afghanistan with 3.08 million tons (down 19.95%) worth $1.5 billion (down 9.78%).
Iran’s exports to ECO members reached 22.38 million tons worth $11.36 billion during the 11 months ending Feb. 19, registering a 10.56% decline in terms of weight, but a 15.13% year-on-year increase in terms of weight and value, respectively.